Author: RedWave Media
Despite the market-wide price decline early last week, the crypto market recovered and Bitcoin ended the week at $102,800. Bitcoin is currently at an all-time high of $106,000. Meanwhile, US spot crypto ETFs continue to record positive inflow days. Bitcoin Bitcoin hit a new high of $106,400 after falling to $94,000 last week, largely due to another week of consecutive positive inflows from the US Spot Bitcoin ETF. This is driven by positive ETF inflows due to the From December 9th to December 13th, the top 10 spot BTC ETFs in the US saw $2.17 billion in inflows. Current price…
Ripple Chief Technology Officer (CTO) David Schwartz has urged potential investors to avoid panic buying the Ripple USD (RLUSD) stablecoin before its official launch.In a Dec. 15 post on X (formerly Twitter), Schwartz warned of the possibility of an initial supply shortage, which could cause price fluctuations in dollar fixed assets.This warning comes as RLUSD pre-launch offers reportedly reached 511 XRP (equivalent to $1,200). He noted that early buyers may pay a high price simply for the novelty of owning the first RLUSD token.The CTO explained that some buyers may pay a premium for the perceived “honor” of securing the…
Bitcoin (BTC) set a new record above $106,000 early Monday, and traders are now targeting the $120,000 level as we head into a seasonally bullish second half of December.Recent catalysts supporting BTC's growth include growing speculation that US President-elect Donald Trump will create a federal Bitcoin reserve, as well as crypto companies such as Riot Platforms and MicroStrategy in recent weeks. The company has purchased assets worth billions of dollars.Some point out that optimism about U.S. policy has increased inflows to Bitcoin ETFs, contributing to the price rise.“TradFi inflows, unlike other crypto cycles in the past, are now driving BTC…
The Nasdaq Exchange announced its annual reshuffle of its top 100 non-financial companies by market capitalization, adding MicroStrategy to the list for the first time. The rise in MicroStrategy's stock price, supported by Bitcoin's strong performance, has inflated its market value and made it eligible for inclusion. MicroStrategy shares will be exposed to passive investment opportunities through inclusion in Invesco's QQQ and other ETFs that invest in top companies on the Nasdaq. The Nasdaq 100 Index tracks the 100 largest companies on the Nasdaq exchange. The covered companies typically receive passive capital flows from popular ETFs. With a market capitalization…
Perhaps unsurprisingly, Internet login systems are essentially as old as the Internet itself. As the first computer networks formed in the 1960s and 1970s, the need for user authentication also increased. ARPANET, the precursor to today's Internet, implemented the first formal login system when it began operations in 1969. These pioneering systems required users to enter a username and password to access network resources, a task billions of people have done trillions of times since then. .With the dawn of the World Wide Web in the early 1990s, web-based logins quickly became the norm, providing a gateway to personalized digital…
The following is a guest post from Shane Neagle, Editor-in-Chief of The Tokenist.With the US presidential election over, Bitcoin has been hitting new highs almost every week throughout November. On November 22, Bitcoin reached the nearly $100,000 mark, reinvigorating the altcoin market and now $1.49 trillion Market capitalization.Conventional wisdom suggests that altcoins will follow Bitcoin's lead, as trends have shown. But what types of altcoins will perform strongly? More importantly, are there new fundamentals to consider this time?First, let's look back at the relationship between Bitcoin and altcoins. It's more important than people think.Why does Bitcoin lead the virtual currency…
The following is a guest article by Vincent Maliepaard, Director of Marketing at IntoTheBlock.As Bitcoin surpassed all-time highs earlier this year due to interest from institutional investors, many expected a similar surge in the decentralized finance (DeFi) space. With DeFi total value locked (TVL) exceeding $100 billion, it's the perfect time for financial institutions to jump on board. However, the anticipated inflow of institutional capital into DeFi has been slower than expected. In this article, we explore the main challenges hindering organizational DeFi adoption.Regulatory hurdlesRegulatory uncertainty is perhaps the biggest hurdle for institutions. In major markets such as the US…
FGM/License/Getty Images Plus British military experts have warned that the MoD's plans to replace existing battlefield vehicles with electric vehicles (EVs) could cause problems for personnel. They warn that current EV technology is not up to the task of supporting troops in battlefield environments.Virtue signaling?In 2021, the MoD called human-induced climate change a “clear and present danger” and committed to playing its part in helping the UK reach net zero. After Labor took power last year, plans such as electrifying combat vehicles escalated.But some British military officials question whether it is possible to achieve net zero while maintaining…
AP image Luigi Mangione (left) and Daniel Penny It's a story of two naked cities. As many know, 26-year-old Luigi Mangione assassinated United Healthcare CEO Brian Thompson on the streets of New York City in the early morning hours of December 4th. Also, to the surprise of many, millions hail Mangione as a hero who fought back against a corrupt system. Journalist Taylor Lorenz expressed “delight” over the killing and has donated more than $75,000 to Mangione's defense efforts. (This is for a privileged kid with billionaire parents.)Just five days later, former Marine Daniel Penny, also 26, was found…
by Liz Colin December 14, 2024 (December 13, 2024) Podcast: Play in new window | Download (Duration: 44:55 — 61.7MB)Subscribe: Android | |MoreAbolish the Department of Education—The road ahead isn't so easy, but the American Academy of Pediatrics refuses to endorse a statement calling for more girls to participate in sports. This is because the statement could be interpreted as excluding “transgender girls.”
